Shippers seek additional information about P3

The Global Shippers’ Forum (GSF) said it has officially raised concerns over the proposed P3 Global Alliance between Maersk Line, CMA-CGM and Mediterranean Shipping Co. by submitting detailed questions to the European Commission Competition Directorate in Brussels. The container liner companies - the three largest in world - said in mid-June that next year they would form a long-term operational alliance on the three major East-West trades - transatlantic, transpacific and Asia-Europe. GSF said it “is aware that the P3 members consider that their Global Alliance falls outside the EU consortia block exemption and therefore requires a more in-depth assessment. Accordingly, the GSF needs to be in a position to submit its v...